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$4,650,000
Est. payment /mo
9,748 Sqft Lot
New
470 Del Medio AVE Mountain View, CA 94040
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82030870
HOA Y/N No
Year Built 1957
Annual Tax Amount $54,450
Lot Size 9,748 Sqft
Property Description
Marcus & Millichap is pleased to present 470 Del Medio Avenue, a well-maintained 10-unit multifamily community located in the heart of Mountain View. The property is situated within one of Silicon Valleys most supply-constrained and consistently high-performing rental submarkets. Constructed in 1957, the property consists of ten one-bedroom, one-bathroom units totaling approximately 5,800 square feet of gross building area on a generous 9,750-square-foot corner parcel. The property offers designated tuck-under carport parking with ample space for tandem parking. It has also been newly landscaped with lush greenery, new pavers, and vibrant flowers. More recently, the property has benefited from over $300,000 in electrical capital improvements, including a new 400-amp main switchboard and 125-amp per-unit sub-panels, enhancing operational efficiency and long-term reliability.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3-1*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 10
Roof Type Flat
Total Parking Spaces 10
Building
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Los Altos
School District Other
Others
Tax ID 14809001
Special Listing Condition Standard

Listed by Jimmy Castellanos Marcus & Millichap
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